Hyundai IONIQ 5 Insurance Rates

Hyundai IONIQ 5 Insurance Rates

Auto insurance for a Hyundai IONIQ 5 will cost about $2,354 per year.

This beats the national average for popular SUV models by $723. Our car insurance comparison study assumes a 40 year old good driver with full coverage and good credit that drives around 13,000 miles per year. They also assume a single-car policy on a brand-new vehicle, and won't reflect any multi-car discounts.

Auto insurance premiums vary a great deal by age, state, insurance company and mileage. Factors such as recent accidents, traffic violations, credit history also impact these rates. The following chart illustrates how some of these scenarios affect the cost of car insurance for a Hyundai IONIQ 5.

$7,43118$10,911$12,764$3,35525$4,926$5,763$2,61330$3,837$4,489$2,35440$3,456$4,044$2,10155$3,085$3,609Age of DriverAge$0$1k$2k$3k$4k$5k$6k$7k$8k$9k$10k$11k$12kGood Driver and CreditRecent At-Fault AccidentPoor Credit RatingHyundai IONIQ 5 Annual Insurance Premium
Good Driver and Credit
Recent At-Fault Accident
Poor Credit Rating

Hyundai IONIQ 5 insurance rates can also differ significantly between providers for the same coverage. If you've been with your current insurance company for more than a few years, you should get new quotes to make sure you're not overpaying. Try our Competitive Quote Tool or the form below to get free quotes to lower your insurance costs. Advertising Disclosure

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Hyundai IONIQ 5 Insurance Rates by Age*

Age Good Driver Recent Accident Poor Credit
17 $7,973 $11,708 $13,697
18 $7,431 $10,911 $12,764
19 $6,567 $9,642 $11,281
20 $5,726 $8,408 $9,836
21 $4,802 $7,051 $8,248
22 $4,676 $6,867 $8,033
23 $4,092 $6,008 $7,029
24 $3,887 $5,708 $6,678
25 $3,355 $4,926 $5,763
30 $2,613 $3,837 $4,489
35 $2,448 $3,594 $4,204
40 $2,354 $3,456 $4,044
45 $2,291 $3,363 $3,935
55 $2,101 $3,085 $3,609
65 $2,191 $3,218 $3,764
75 $2,766 $4,061 $4,751

Hyundai IONIQ 5 car insurance premiums can cost a lot more or less depending on where you live. Rates are more expensive in Michigan because they mandate much higher coverage levels. California, Hawaii and Massachusetts don't allow providers to adjust rates based on credit. These figures also do not include the potential discounts on a multi-vehicle policy. Those can provide significant savings to a household full of drivers. The table below is a breakdown of how these factors can affect Hyundai IONIQ 5 by state.


Hyundai IONIQ 5 Insurance Rates by State*

State Good Driver Recent Accident Poor Credit
Alabama $2,494 $3,622 $4,611
Alaska $2,063 $2,860 $2,780
Arizona $2,332 $3,372 $4,967
Arkansas $2,557 $4,018 $4,423
California $2,847 $5,035 $2,847
Colorado $2,657 $3,718 $4,717
Connecticut $3,394 $5,264 $6,682
Delaware $2,810 $3,745 $4,810
Florida $3,346 $4,629 $6,032
Georgia $2,728 $4,079 $4,113
Hawaii $1,090 $1,479 $1,090
Idaho $1,893 $2,509 $3,051
Illinois $1,981 $2,995 $3,415
Indiana $2,036 $3,112 $3,492
Iowa $1,612 $2,211 $2,600
Kansas $2,145 $3,121 $3,650
Kentucky $3,101 $4,552 $5,375
Louisiana $3,981 $6,017 $6,524
Maine $1,505 $2,081 $3,072
Maryland $2,436 $3,545 $3,938
Massachusetts $1,953 $3,408 $1,953
Michigan $4,714 $7,184 $11,331
Minnesota $1,941 $2,587 $3,643
Mississippi $2,343 $3,341 $3,363
Missouri $2,207 $3,156 $4,146
Montana $2,244 $3,131 $3,645
Nebraska $1,897 $2,805 $3,048
Nevada $3,129 $4,641 $4,903
New Hampshire $2,177 $3,442 $4,351
New Jersey $2,398 $3,762 $4,923
New Mexico $2,449 $3,643 $3,781
New York $2,268 $2,856 $4,768
North Carolina $1,406 $2,416 $1,723
North Dakota $1,924 $2,925 $3,459
Ohio $1,716 $2,646 $2,713
Oklahoma $2,740 $3,923 $4,417
Oregon $2,493 $3,345 $3,996
Pennsylvania $2,100 $3,083 $3,608
Rhode Island $3,506 $5,143 $5,792
South Carolina $2,381 $3,300 $4,555
South Dakota $2,136 $3,078 $3,552
Tennessee $2,512 $3,699 $4,926
Texas $2,530 $3,655 $4,547
Utah $2,152 $3,016 $4,150
Vermont $1,657 $2,552 $2,697
Virginia $1,561 $2,396 $2,349
Washington $2,066 $2,804 $3,349
West Virginia $2,079 $2,977 $3,730
Wisconsin $2,073 $3,235 $3,690
Wyoming $1,935 $2,709 $2,885

Hyundai IONIQ 5 Insurance Rankings


We've ranked over 300 models from best to worst for Insurance. See where the Hyundai IONIQ 5 ranks for Insurance compared to other vehicles. Also check out how the IONIQ 5 stacks up in our rankings for Depreciation, Maintenance, Overall Costs.

Other Hyundai IONIQ 5 Costs of Ownership

Finding a car or truck that saves on insurance costs is important. But, it's also imperative to view all major Hyundai IONIQ 5 costs. This will ensure that you are finding the vehicle that provides you the best value, at the lowest cost. We've created tools that will also help you to save on the following ownership expenses:


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